The mines ministry has renewed the Kameelburg Project’s EPL 7372, 7373, and 7895 in northern Namibia’s Kunene region.
The project is a joint venture between a local businessman and Aldoro Resources, which holds 85% equity in the partnership.
The three EPLs covering 1,017 km2 comprise the project area and contain the Kameelburg (Ondurakorume) carbonatite system.
Aldoro Resources says the renewal of the EPLs enables the company to confidently progress exploration drilling activities to unlock the total value of the giant Kameelburg carbonatite located within EPL 7373.
A 2,000-meter maiden drill program has been designed, targeting high-grade niobium dykes and high-grade REE at the southwest periphery of the large carbonatite. Preparations for the drilling campaign are progressing well, with the maiden program expected to commence at the end of Q3.
Kameelburg rises 276 meters above the peneplain, forming a plug-like feature 1.4 km in diameter, rimmed by ring dykes intruding the local Syenite host.
Initial mineral investigations were conducted in the late 1960s, and early 1970s by AMCOR, and the project lay dormant until 2012–2015 when it was investigated by a private company for REE and phosphates, but low commodity prices during this period ended investigations.
Aldoro has a portfolio of critical minerals, including rare earth, lithium, rubidium, and base metal projects.
The company’s suite of projects includes the Kameelburg REE Project in Namibia, the Wyemandoo lithium-rubidium-tungsten project, the Niobe lithium-rubidium-tantalum project, and the Narndee Igneous Complex in Western Australia.
